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Income-generating building in Pedra Mourinha, with 3 bedrooms, restaurant and basement
Faro, Portimão
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Income-generating building in Pedra Mourinha, with 3 bedrooms, restaurant and basement - Faro, Portimão
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Income-generating building in Pedra Mourinha, with 3 bedrooms, restaurant and basement
425.000 €
Ref:
DHA0122
3
2
398,4 m²
398,4 m²
398,4 m²
132,8 m²
Complete building in full ownership in Pedra Mourinha, Portimão, with three spaces: a 3-bedroom apartment with terrace on the 1st floor, a rented restaurant on the ground floor and a support basement. All duly licensed.
An unusual combination: you can live in the 3-bedroom apartment while the restaurant rental helps pay for the house, or rent both and have two sources of income in the same property.
THE 3-BEDROOM APARTMENT – 97 m²
It has an entrance hall, bright living room with balcony, three bedrooms, two full bathrooms, equipped kitchen and pantry. The kitchen gives direct access to a private terrace with barbecue, ideal for al fresco dining without leaving home.
In addition, the apartment has exclusive access to the building's rooftop, transformed into a terrace with unobstructed views. These are two private outdoor spaces, something rarely found in a 3-bedroom apartment in the city.
Good sun exposure, quiet residential area, and free parking nearby.
THE RESTAURANT – 132.8 m²
Fully equipped and operational restaurant, run by tenants, specializing in fresh fish and traditional Portuguese cuisine, with a loyal clientele of residents and visitors.
For the buyer, this means income from day one, without needing to find a tenant or equip the space. [Current rent: X €/month, with a contract until X.]
THE BASEMENT – 132.8 m²
Large space, currently used as a storage area, with direct utility as support for the restaurant, storage, or logistics. It can also be adapted to other uses, subject to licensing.
THE NUMBERS
For €425,000, you acquire 97 m² of living space and 132.8 m² of commercial area, which corresponds to approximately €1,850/m², including the 132.8 m² basement. This is a value well below the average sale price of houses in Portimão, and this already includes associated rent.
As this is a property in full ownership, it is possible to study the establishment of horizontal property ownership in the future, which could increase the value of the asset, subject to technical verification and licensing.
THE LOCATION
Pedra Mourinha is a consolidated residential area of Portimão, quiet and with quick access to the center, schools, services, shops and main roads. The historic center, the riverside area and the beaches of Rocha and Vau are just a few minutes away.
WHO IT'S FOR
For those who want to live in Portimão in a 3-bedroom apartment with two terraces and have an income that helps cover household expenses.
For investors seeking a diversified asset, with housing and commerce in the same building, income already in progress, and a price per square meter below market value.
For business owners who need a shop, warehouse, and housing in the same location.
We have an investment sheet available with detailed information on each space. Request it via WhatsApp and schedule your visit.
Property Type
Building
Typology
3 Bedrooms
Objective
Sell
Condition
Used
Price
425.000 €
Year of Construction
1985
Country
Portugal
District
Faro
County
Portimão
Parish
Portimão
Zone
N/A
João Velosa
+351 961 633 286
Chamada para a rede móvel nacional
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